Strategy in Business World

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Information about Strategy in Business World

Published on January 28, 2016

Author: FahimRChaudhry

Source: slideshare.net

1. Integrating Operational, Tactical & Strategic Leadership (Knowledge Sharing Session)

2. Module I Strategy Excellence From Strategic Vision to Tactical Execution

3. Contents • Objectives • Genghis Khan; A Strategic Masterstroke • Strategy Inception • Defining Strategy • Strategy Development Framework • Michael Porter’s Five Forces Model • PESTEL • SWOT Analysis • Translating Strategy into Actions (Operations/Tactics) • Strategy … Summing Up!

4. Objectives • Understand and Develop the Strategy Development Framework • Develop and Communicate Strategic Vision, Mission and Objectives • Understand how to Translate Strategy into Actions by allocating Resources • Understand & Implement various business models for the betterment of business.

5. Genghis Khan A Strategic Masterstroke…..

6. Strategy Inception Greek: strategeia = art of command •Relatively unconstrained, more art than strategy •Highest level of generality •Shape environment •Aims: Create & shape conditions to maximize chances of battlefield success Maximize freedom of action

7. Defining Strategy Strategy is about balancing Ends, Ways, and Means to achieve corporate vision and objectives 20

8. Strategy Development Framework

9. Michael Porter’s Five Forces Model

10. PESTEL

11. SWOT Analysis

12. Translating Strategy into Actions (Operations/Tactics) Serve customers better than competitors Create conditions to succeed at serving customers better than competitors Compete to win in specific transactions and tasks Corporate & competitive strategy, corporate governance, investor relations, Vision Business lines Support functions (HR, IT, prod, marketing, purchasing, etc. Teams of workers and managers executing actions including all types of transactions: selling, customer support, supplier relations, etc. Strategy Operations Tactics

13. Strategy…Summing Up!

14. Q&A Session Thank You!

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